Funding open to anyone with an internet connection
NO WARM INTRO OR PRIOR EXPERIENCE REQUIRED
PROCESS
How We Do Things
Bot Conversation
Have a quick chat with Wendal, our AI-powered colleague. He’s friendly and doesn’t see color, age, or race.
AI Analysis
Wendal reviews your company and other market data to see if you could be a match for Connetic.
Initial Decision
We will give you an initial Yes or No based on your application. If it is a Yes we will move you into final diligence with a member of our investment team.
Final Decision
Once in final due diligence, we will try to give you a final answer in 10 days or less. We would rather you be building your company than waiting on us.
faqs
Frequently Asked Questions
We love anything that touches Data, Software, Consumer, or Fintech.
We invest in pre-seed and seed stage startups. Our most common pre-money valuation is $4-6M, but we invest up to $10M.
We invest coast-to-coast across North America, with the only exception being that we don’t currently invest in San Francisco or Boston.
Yes. We lead 25% of rounds we invest in, with plans to accelerate that.
Our average initial check is $250k to $500k.
We average 15-25 initial checks every year
Yes, we reserve ~45-55% of our portfolio for follow-on investing. We average 6-8 follow-on investments per year.
Yes, we invest in all types of vehicles though we prefer priced equity rounds.
Yes, we cannot invest in LLCs.
Completing our application process should take you 15-20 minutes to complete. And yes, this is all the information we need to get to an initial yes or no.
Wendal or someone from our team with try to give you an initial Yes or No within 3 business days. If it has been longer than that please email info@connetic.ventures
While we love meeting new entrepreneurs, this flies in the face of the model we have built. We also believe time is everyone’s most important asset and want our process to be as efficient as possible.
Yes, our algorithm changes just as much as your business. We suggest waiting at least 6 months until submitting another application.
Our algorithm analyzes data across Team, Terms, Timing, and Technology. We only use the data we collect for investment evaluation and do not share your data with anyone else.
